Kerridge Commercial Systems has acquired InspHire and Current-RMS.
InspHire is a premium supplier of software to European, US and Australian companies that rent heavy plant and construction vehicles. Current-RMS supplies cloud-based, fully integrated rental management solutions to the AV, production and event industries.
UK-based KCS's solutions are used by 15,000 companies worldwide and include fully integrated ERP systems comprising supply chain management, financial accounting, CRM, warehouse and transport management, eCommerce, ePOS and business intelligence.
Both acquisitions will allow KCS to strengthen its presence in the hire industry and to offer additional functionality to its UK and global customer base.
The InspHire and Current-RMS teams have welcomed the acquisitions, as KCS will be investing in developing their products, as well as maintaining and supporting them in the future. A further key benefit for InspHire is the support KCS will provide around its expansion in the US, an important market for function-rich hire software.
Ian Bendelow, CEO of KCS, said: “The acquisitions of InspHire and Current-RMS deliver a great opportunity for us to strengthen our presence in the hire software market in the UK, as well as developing further global opportunities in this sector. They are both very high quality businesses with offerings that are complementary to our own. We’re looking forward to working with their employees and to welcoming them to the KCS family.”
InspHire and Current-RMS will operate as independent business units within KCS, under their existing management teams. Working alongside their KCS counterparts, they will be making operational improvements to benefit existing and future customers.